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Politique du change et développement des exportations manufacturées en Chine


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  • Ping Hua
  • Sylvie Guillaumont-Jeanneney


L'article montre comment les modalités de la politique de change, dans sa double dimension (réglementation des opérations et taux de change), contribue à expliquer la forte dépréciation réelle de la monnaie. Il se fonde sur un modèle explicatif du taux de change réel qui intègre, à côté de la dévaluation, la politique monétaire et le contrôle des prix. Il teste ensuite la sensibilité des exportations de biens manufacturés à la variation du taux de change réel.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): n° 47 (1996)
Issue (Month): 3 ()
Pages: 851-860

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Handle: RePEc:cai:recosp:reco_p1996_47n3_0851

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